After having coitus with a woman, you stand up for a moment and after looking around, jump into the air and bring your fist down right into the upper area of her vagina, around her clitoris. The noise she will make will resemble the screech of a falcon.

And remember, the falcon is not complete without yelling, "FALCON PUNCH!" Just like the Captain himself.

Dude! I think Mike's girlfriend got the Falcon! I could hear her screech two blocks away!

The infamous nick name of a very large nose, a term made popular by the nose of a very famous Spanish teacher who shall not be named. It may also be used to refer to anyone who has a very large nose in size, and when said person turns to the side, it is the largest feature of their face, resembling the beak of a falcon.

Person A- Check out "The Falcon" on that guy

Person B- Word, i wonder if he flies
Person A- How can a nose be that big?
Person B- Think he might be a pedophile